if you don't have that... the bank recommended agent should be one of the agents you interview, but not the ONLY one.
There's nothing wrong with putting him/her on your list ...
Frank makes a good point .. there's more granite counter tops, free trips and new Callaway golf clubs "just appearing" at agents doors than any other time in real estate history .. it must be the alignement with Mars and Jupiter .l.o.l..
You need to find the top 5 in the neighborhood that you are looking to purchase in ... getting an agent from 10 or 15 miles away won't do you or them much good, they need to live and breath the area.
Then like anything else, interview each and everyone, remember they work for you - not the other way around. .. how long have they had their lic, some are part timers and have been for the last 10 years, get at least 7/8 referrals from each and call each and everyone of them .. find how many homes they've listed and sold, and sold doesn't count the ones in the brokers unit that they shared, specific sales.
There seems to be an inordinate amount of consumer complaints in that area, there's like 15 sites, so look long and hard - it's your money.
Good luck and happy hunting,!
1) If you want to find out the skinny on an agent, Google them and see what you find.
2) Ask them for a list of all their buyer transactions over the past 6 months and contact those buyers to ask for a reference for that Buyer's Agent.
3) Check the VREB for any violations made by the agent.
Numbers are really easy to manipulate. And quantity means nothing. I can't help you in VA Beach, so I get nothing out of telling you such. I recommend going to ActiveRain.com and reading the blogs of the VA Beach Realtors and see if you connect with any.
Also the bank tends to scratch the Realtors back, in order to get the same in reverse. They aren't allowed to give kickbacks, but they can give scratchbacks.
I would recommend doing some research of your own. What worked for your friend, may not work for you. For the best transaction, you want to really click with your Realtor.
Some things to keep in mind when interviewing.... Do they look like they love what they do? Are they up to date on technology? This makes a huge difference. There are tons of agents who can barely use the MLS.
Do they truely know about the area and can they compare cities? A lot of times people start out in one city and end up buying in another.
Do they have the resources to give you to make an informed decision?
How much personal attention are you going to receive?
How are they going to keep you informed during the transaction?
Choose a reputable company. In our area some of the best companies are locally owned and out sell the national companies.
You want your real estate transaction to go smoothly and almost effortlessly. How you interact with your Realtor will make all the difference.
I wish you the best of luck in buying your new home.
William E Wood & Associates
If you are wanting to buy a home sold by an individual or new home construction, I suggest you test drive Realtors that come from highly recommended sources. Let them know (the Realtor) you are trying to find the right person for you and check out their credentials. If you are an internet savvy buyer, you want someone that understands your form of communication. Also, make sure the agent specializes in what you are wanting to buy. Lastly, make sure your personalities mesh well togehter as you are going to have to work with this person from showings to close. Once you have found the right person for you, it is okay to sign a buyer's rep agreement. You will both be more dedicated to each other then.
Happy home buying!!
You see, first timer, it really means nothing. Oh, and if all you want is your closing costs paid, well heck, since the Banker is going to be the bulk of that charge, and since the banker is loaning you the money, then who is the REALTOR representing in your mind.......?????
I'll get your closing cost paid too. You might over pay for the home, but I'll get the closing costs taken care of. If that is all you need, heck, call me....It will be worth the trip (for me and my loan officer)
Go with your gut. Ask your friends and family who the like....go with that. If you do, then you get my extremely secret, but world famous, highly prized and largely coveted Super-Duper-Titanium-BUYERS Award! (not sold in stores)
Good luck and please write back and let us know what you decide.
Gary De Pury
Bay Vista Realty & Investments, Inc.
Chairman, Communications Committee
Director, Florida Association of REALTORSÂ®
Referrals are very good and if you trust your lender, then they are recommending this Realtor to you because they know they're honest, ethical, and will work in your best interest.
I also suggest obtaining referrals on your own from family or co-workers. If there just arenâ€™t any referrals to be obtained, then I strongly encourage that you "interview" several Realtors by calling on agent ads and asking them to meet you to preview a listing.
Even when I first meet with a customer, I suggest they meet with several other agents as well, and then decide which agent to work with. The personality of the agent has a lot to do with your home buying experience. If you and an agent just donâ€™t click, and you don't feel good about the agent, the politely move on.
I also suggest that you work with a buyerâ€™s agent who is an Accredited Buyer Representative. Just as not every real estate professional is a Realtor, not every Realtor holds the ABR designation. An ABR designated Realtor specializes in assisting the home buyer, and rarely takes listings.
When you do find an agent you feel good about, then ask for some customer referrals as well. I personally have several â€œthank you notesâ€ from previous clients that I am happy to share with prospective clients. And many of my previous clients will eagerly allow you to call them, and share their experiences about working with me.
There were many good suggestions in this thread that I agree with. But it does boil down to this: the more informed the home buyer becomes, the better the home buying experience.
I hope to be interviewed soon :)
Frank Biganski, Realtor ABR